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In the latest session, Clearwater Analytics Holdings Inc (NYSE: CWAN) closed at $19.55 down -1.31% from its previous closing price of $19.81. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 1.61 million shares were traded. CWAN stock price reached its highest trading level at $20.03 during the session, while it also had its lowest trading level at $19.46.
Ratios:
For a deeper understanding of Clearwater Analytics Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.51. For the most recent quarter (mrq), Quick Ratio is recorded 5.53 and its Current Ratio is at 5.53. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
On February 29, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $24 to $22.
On November 07, 2023, UBS started tracking the stock assigning a Buy rating and target price of $24.UBS initiated its Buy rating on November 07, 2023, with a $24 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 16 ’24 when Erickson Scott Stanley sold 3,890 shares for $19.50 per share. The transaction valued at 75,855 led to the insider holds 4,844 shares of the business.
Das Souvik sold 25,000 shares of CWAN for $473,018 on Jul 15 ’24. The Chief Technology Officer now owns 10,453 shares after completing the transaction at $18.92 per share. On Jul 15 ’24, another insider, Cox James S, who serves as the Chief Financial Officer of the company, sold 11,275 shares for $18.92 each. As a result, the insider received 213,361 and left with 232,503 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CWAN now has a Market Capitalization of 5400374272 and an Enterprise Value of 4176835584. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.06 while its Price-to-Book (P/B) ratio in mrq is 11.83. Its current Enterprise Value per Revenue stands at 10.813 whereas that against EBITDA is 284.255.
Stock Price History:
Over the past 52 weeks, CWAN has reached a high of $21.89, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 1.63%, while the 200-Day Moving Average is calculated to be 4.04%.
Shares Statistics:
For the past three months, CWAN has traded an average of 1.74M shares per day and 1486760 over the past ten days. A total of 127.60M shares are outstanding, with a floating share count of 119.94M. Insiders hold about 45.11% of the company’s shares, while institutions hold 69.55% stake in the company. Shares short for CWAN as of 1721001600 were 10642124 with a Short Ratio of 6.13, compared to 1718323200 on 7906391. Therefore, it implies a Short% of Shares Outstanding of 10642124 and a Short% of Float of 7.31.
